Portugal: latest retail news, insights and analysis | ESM Magazine

MC Sonae Reports 13% Revenue Growth In First Quarter

Portuguese food retailer MC Sonae said that turnover in the first quarter of its financial year totalled €1.5 billion, up 13.5% year-on-year and 11.8%...

Discounter Pepco Expands European Roll-Out Into Portugal

Discount retailer Pepco Group will open its first shop in Portugal on Wednesday, launching in its twentieth European territory as one of the sector's bigge...

10 European Campaigns To Promote Responsible Drinking

ESM examines ten of the most notable campaigns to promote responsible drinking that were rolled out over the past year.

DIA Sales Increase 3.2% In Q1 2023, Spain Drives Results

Spanish retail group DIA has reported sales of €1.78 billion in the first quarter of its financial year, up 10% from the same period in 2022.

BPI Secures €100m Sustainable Loan For Continente

Portuguese bank BPI has provided a sustainable loan of €100 million to Portuguese supermarket chain Modelo Continente, owned by MC, the food retail un...

Jerónimo Martins Sees Profit Up Nearly 60% In Q1 2023

Portuguese retail group Jerónimo Martins posted net profit of €140 million in Q1 2023, an increase of 59.1% compared to the same period last ye...

Portugal's Finance Minister Anticipates Significant Inflation Drop In April

Portugal's inflation is expected to decelerate significantly this month, with prices of final products benefiting from lower energy and commodity prices, f...